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Calculate cash flows with indirect method.

Calculate cash flows with indirect method.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Zedus mobiles had an mobile assembling unit and it has given the following details for the year ended March 31, December. Calculate cash flows with indirect method. Income reported = $300,000 Decrease in accounts receivable =$14,500 Increase in accounts payable=$12,200 Loss incurred in disposal of assets =$6,500 Depreciation expenses=$82,000
Transcribed Image Text:Zedus mobiles had an mobile assembling unit and it has given the following details for the year ended March 31, December. Calculate cash flows with indirect method. Income reported = $300,000 Decrease in accounts receivable =$14,500 Increase in accounts payable=$12,200 Loss incurred in disposal of assets =$6,500 Depreciation expenses=$82,000
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